Property Valuations for Estate Settlement by Greater Orlando Appraisal Assoc., Inc.
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
We've shown that we're experts in supplying excellent appraisals that lawyers and accountants have come to depend on. We comprehend their needs and are accustomed to dealing with all parties involved. Among our staff, we are accustomed to interacting with the courts in writing appraisal reports that transcend their necessities.
Contact us promptly to discuss your precise estate appraisal demands and how we can put our business acumen to work for you.
Commonly, settling an estate requires an accurate appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal is ordered will differ the date of death. Our professional staff is familiar with the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for you and your family.
People often forget that the IRS requires information filed to support the numbers involved in estate sales.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. In having a report backed by Greater Orlando Appraisal Assoc., Inc.'s expert staff, you will have the knowledge that the numbers displayed in the appraisal report will definitely demonstrate to the IRS that the numbers used are accurate and correct.
Greater Orlando Appraisal Assoc., Inc. will provide an accurate appraisal, which will provide an executor clear facts and figures that will exceed IRS and state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever challenged.
Opinions of value shown in documents filed with the the IRS and FL state agencies definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.